Company registration number 10806553 (England and Wales)
SGS HOMES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023
SGS HOMES LIMITED
COMPANY INFORMATION
Directors
Mrs S Althasen
Mr S Dobkins
Mr G Fernley
Company number
10806553
Registered office
1386 London Road
Leigh on Sea
Essex
England
SS9 2UJ
Accountants
Francis James & Partners LLP
1386 London Road
Leigh on Sea
Essex
England
SS9 2UJ
SGS HOMES LIMITED
CONTENTS
Page
Accountants' report
1
Profit and loss account
2
Balance sheet and notes to the financial statements
3 - 4
SGS HOMES LIMITED
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF SGS HOMES LIMITED FOR THE YEAR ENDED 30 JUNE 2023
- 1 -
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of SGS Homes Limited for the year ended 30 June 2023, which comprise the profit and loss account and the balance sheet, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.
This report is made solely to the board of directors of SGS Homes Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of SGS Homes Limited and state those matters that we have agreed to state to the board of directors of SGS Homes Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than SGS Homes Limited and its board of directors as a body, for our work or for this report.
It is your duty to ensure that SGS Homes Limited has kept adequate accounting records and to prepare statutory financial statements that comply with the requirements of the Companies Act 2006. You consider that SGS Homes Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of SGS Homes Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Francis James & Partners LLP
7 March 2024
Chartered Accountants
1386 London Road
Leigh on Sea
Essex
England
SS9 2UJ
SGS HOMES LIMITED
PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 30 JUNE 2023
- 2 -
2023
2022
£
£
Turnover
183,078
173,815
Other charges
(127,311)
(85,605)
Tax
(10,706)
(16,760)
Profit
45,061
71,450
SGS HOMES LIMITED
BALANCE SHEET
- 3 -
2023
2022
£
£
£
£
Fixed assets
1,757,005
1,757,005
Current assets
40,962
99,634
Creditors: amounts falling due within one year
(1,144,418)
(742,470)
Net current liabilities
(1,103,456)
(642,836)
Total assets less current liabilities
653,549
1,114,169
Creditors: amounts falling due after more than one year
(523,319)
(1,029,000)
Net assets
130,230
85,169
Capital and reserves
130,230
85,169
Notes to the financial statements
1
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2023
2022
Number
Number
Employees
SGS Homes Limited is a private company limited by shares incorporated in England and Wales. The registered office is 1386 London Road, Leigh on Sea, Essex, England, SS9 2UJ.
For the year ended 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and the provisions applicable to companies subject to the small companies regime.
SGS HOMES LIMITED
BALANCE SHEET (CONTINUED)
- 4 -
The financial statements were approved by the board of directors and authorised for issue on 7 March 2024 and are signed on its behalf by:
..............................................
..............................................
Mr S Dobkins
Mr G Fernley
Director
Director
Company registration number 10806553 (England and Wales)